PCCW Global and Harmony Tech sign pact to boost low-altitude economy in Belt and Road region

Frederick Chui, CEO of PCCW Global, and Jacqueline Kang, chairman of Harmony Tech Innovation, signed a memorandum of understanding at the 11th Belt and Road Summit in September 2026. The two firms agreed to cooperate on advancing the low-altitude economy within Belt and Road regions. PCCW Global will utilize its existing global communications infrastructure to support Harmony Tech's low-altitude airspace traffic management technology. The partnership focuses on promoting solutions for smart city applications in specific markets along the trade route. Key operational areas include transportation, logistics, and emergency rescue services. Both companies aim to help Chinese enterprises and new technologies expand overseas capabilities. Frederick Chui described the sector as a strategically important emerging industry driving new productive forces. The agreement provides no immediate financial targets or specific timeline for implementation. Future deployments depend on market demand and regulatory approvals in local jurisdictions.